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Foreign Direct Investment (FDI) or foreign technology collaboration agreements that do not qualify for automatic approval under the guidelines of the Government of India require approval through the Foreign Investment Promotion Board (FIPB).
The Government of India established the FIPB as a fast-track mechanism to attract and facilitate foreign investments in large-scale projects that contribute significantly to the Indian economy.
For companies requiring government approval for FDI, we assist in:
Filing applications with the FIPB, Reserve Bank of India (RBI), and Secretariat for Industrial Assistance (SIA)
Obtaining an Industrial License, if required
Securing the Approval Letter from the relevant board
Providing liaison support to resolve any conflicts or issues related to the approval process for the first three months
Ongoing compliance & liaison support, if required on a regular basis
Proposals related to the services sector or those seeking higher foreign equity investment that do not meet the criteria for automatic approval are processed by the Secretariat for Industrial Assistance (SIA) under the Ministry of Industry.
For companies requiring SIA approval, we assist in:
Filing applications with the SIA, Ministry of Industry
Obtaining an Industrial License, if required
Securing the Approval Letter from the board
Providing liaison support to resolve any conflicts or issues related to the approval process for the first three months
Ongoing compliance & liaison support, if required on a regular basis
We ensure a smooth approval process and provide continuous support for compliance and regulatory matters to facilitate seamless foreign investment in India.